NOT LISTED FOR SALE

Estimated Value: $1,134,000 - $3,781,366

21 Acres
$108,968 Price per Acre
923,472 Sq Ft Lot

Last Sold November 02, 2020

Last sale price $1,000,000

Est. 131% increase in value since last sale

Current estimated payment $14,830/month

491 Days on Market

About This Lot

As of November 2020

A Sanctuary of Privacy and Peace. Find freedom from densely populated neighborhoods. This is a unique 21.2 acre building parcel with panoramic, stunning views over Essex Bay to Hog Island and Crane Beach. A Conservation Restriction on this and abutting properties guarantee protection forever. There is easy access to Route 128 (1.8 miles and the West Gloucester commuter rail station (2.9 miles.) Beaches, museums, art galleries, restaurants and more abound in historic Gloucester, Rockport and Cape Ann. Elevation at ground level where a 5 bedroom house can be built is 130 feet above sea level – one of the highest points on Cape Ann. A heated 25’ by 36’ two level barn and full bath was built in 2005. A six bedroom septic system is partially installed and the long sweeping driveway is roughed out with a base layer in place. A partial excavation for a basement and foundation has been completed. Ultimate social distancing!

Last Listed By

Bob Hall

Coldwell Banker Realty - Manchester License #449542140 Listed on: 04/04/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,265

Year Built

  • 2022

Lot Details

Property Views

  • Ocean
  • Bay
  • Creek or Stream

Additional Features

  • Property fronts a marsh
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number M:0247 B:0040 L:0000

Property Details

Property Type

Land

Est. Annual Taxes

$24,265

Year Built

2022

Lot Details

0

Listing Details

  • Property Type: Land
  • Commission: 2.50
  • Seller Agency: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Comp Based On: Gross/Full Sale Price
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Interior Features

  • Main Lo: AN6181
  • Main So: AN4733

Exterior Features

  • Waterfront: Creek
  • Beachfront Flag: Yes
  • Waterfront Flag: Yes
  • Waterview Features: Bay, Creek, Marsh, Ocean
  • Waterview Flag: Yes

Utilities

  • Sewer: Private, On-Site
  • Water: Public, On-Site
  • Electric Features: On-Site
  • Gas: On-Site

Condo/Co-op/Association

  • Amenities: Public Transportation, Conservation Area, Highway Access, T-Station
  • Home Own Association: Yes

Lot Info

  • Assessments: 910200.00
  • Zoning: R-80
  • Lot: 40
  • Acre: 21.20
  • Lot Size: 923472.00
  • Land Description: Easements, Wooded, Scenic View(s)
  • Lots And Land Type: Residential
  • No Lots: 1
  • Page: 250
  • Zone Usage: Single Family
  • Parcel Number: M:0247 B:0040 L:0000

Tax Info

  • Taxes: 11323.00
  • Assessor Parcel Number: 1905866
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2000
Sold by
Covington Christopher and Covington Bonnie G
Bought by
Wilmerding Patrick S
Total Days on Market
491
Current Estimated Value
$2,310,122

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilmerding Patrick S $460,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $1,000,000 -10.7% --
08/07/2020 08/07/20 Pending -- -- --
05/23/2020 05/23/20 For Sale $1,120,000 +12.0% --
05/18/2020 05/18/20 Off Market $1,000,000 -- --
04/04/2019 04/04/19 For Sale $1,120,000 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,265 $2,493,800 $1,295,400 $1,198,400
2024 $24,265 $2,493,800 $1,295,400 $1,198,400
2023 $13,057 $1,233,000 $1,106,300 $126,700
2022 $12,192 $1,039,400 $960,200 $79,200
2021 $12,051 $968,700 $874,600 $94,100
2020 $11,223 $910,200 $816,100 $94,100
2019 $11,071 $872,400 $778,300 $94,100
2018 $11,034 $853,400 $759,300 $94,100
2017 $10,792 $818,200 $724,100 $94,100
2016 $10,715 $787,300 $693,200 $94,100
2015 $10,532 $771,600 $677,500 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72476534

MLS Property Information Network (MLS PIN)

APN: GLOU-000247-000040